Why is Deepak Chemtex falling/rising?

As of 08-Aug, Deepak Chemtex Ltd's stock price is currently at Rs 137.50, reflecting a decline of Rs 4.3 or 3.03%. The stock has been underperforming, having fallen consecutively for the last two days, resulting in a total decline of 4.65% during this period. In terms of returns, the stock has decreased by 12.70% over the past week and 7.72% over the past month, while it has shown a year-to-date decline of 2.62%. Although the stock is trading above its 100-day and 200-day moving averages, it is below its 5-day, 20-day, and 50-day moving averages. There has been a slight increase in investor participation, with delivery volume rising by 3.77% against the 5-day average, indicating some interest despite the price drop. Unfortunately, there is no information available regarding positive or negative factors that could further explain the stock's recent movement.
In the broader market context, Deepak Chemtex's short-term performance has significantly lagged behind the benchmark Sensex, which has only declined by 0.92% over the past week. The stock's performance has been particularly weak compared to the Sensex's 1-month return of -4.60%, as Deepak Chemtex's decline of 7.72% is more pronounced. Year-to-date, while the Sensex has gained 2.20%, Deepak Chemtex's decline of 2.62% further highlights its underperformance in the current market environment. Overall, the stock's recent price movements indicate a challenging situation, with both short-term and longer-term trends reflecting a downward trajectory.